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Nykaa plans to expand to 350 stores while emphasizing its e-commerce business, which currently drives 91% of omnichannel turnover. Despite a minor dip in profits, there has been a significant improvement in EBITDA. Nykaa continues its international expansion in GCC and aims to enhance its fashion and beauty segments.
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China will launch tourist trains with medical and elder-care facilities by 2027. This initiative aims to tap into the spending power of its aging population. The plan involves diversified tourist routes and comprehensive services. International companies can participate. Medical expenses can be claimed on health insurance. This is part of China's broader silver economy plan.
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EIH Associated Hotels shares fell 5.1% amid a broader market selloff despite a 5.4% rise in Q3 net profit to Rs 39.91 crore. Revenue grew 5% to Rs 133 crore, but margins slipped to 40.5%. The stock remains under pressure, down 18.8% in six months.
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News and Media
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